Oxfam details the 'danger' of Elon Musk becoming world's first trillionaire
Elon Musk is poised to become the world's first trillionaire as SpaceX goes public, sparking intense criticism from anti-poverty advocates.
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Nigerian insurance tycoon Wole Oshin's stake in Custodian Investment is nearing $100 million
Wole Oshin's 27.39% stake in Custodian Investment Plc is now worth $96.2 million, nearing the $100 million mark as Nigeria's insurance sector undergoes historic reform.
Oil tycoon Samuel Dossou-Aworet's Seplat stake has surged to $670 million and keeps climbing
Samuel Dossou-Aworet's 13.5% stake in Seplat Energy through Petrolin Group is now worth $670 million, up $300 million since the start of 2026.
Billionaire Johann Rupert's Remgro just won approval to take full control of 50 South African hospitals
South Africa's Competition Tribunal has approved Remgro's $950 million acquisition of Mediclinic Southern Africa, giving Johann Rupert's company full control of 50 private hospitals.
Ghanaian waste management tycoon Joseph Siaw Agyepong's Jospong now operates in 29 African countries
Joseph Siaw Agyepong's Jospong Group has expanded its waste management operations into 29 African countries, employing 10,000 people directly and creating 250,000 indirect jobs.
This Nigerian family built an £8 million business importing Lagos-brewed Guinness into Britain
A Nigerian family in Croydon has quietly held Britain's exclusive Nigerian Guinness import licence since 1998 and built a business worth up to £8 million.
Ghanaian alcohol tycoon Kwabena Adjei's Kasapreko raised $120 million in its IPO and lists on the GSE on Monday
Kasapreko PLC will list on the Ghana Stock Exchange on June 17 under ticker KPLC after its IPO raised double its GH¢700 million ($60.1 million) target.
Dis-Chem's new CEO is spending hundreds of millions to reinvent South Africa's biggest pharmacy chain
Dis-Chem CEO Rui Morais is spending hundreds of millions on internal disruption to transform South Africa's second-largest pharmacy chain into an integrated healthcare provider.
Black billionaire Herriot Tabuteau sells $11.97 million in Axsome shares as stock trades near all-time highs
Axsome Therapeutics CEO Herriot Tabuteau sold 49,670 shares worth $11.97 million on June 9 under a pre-approved trading plan as AXSM trades near record highs.
Byron Allen's CBS show drew 628,000 viewers after Colbert averaged 2.69 million and he says CBS still won
Byron Allen's Comics Unleashed drew 628,000 viewers on CBS on June 1, down 65% from Stephen Colbert's average, but Allen says he is not fazed.
Snoop Dogg just put Tupac Shakur in a Sega video game releasing in January 2027
Snoop Dogg revealed at Summer Game Fest 2026 that Tupac Shakur will appear as a playable character in Sega's Stranger Than Heaven, releasing January 15, 2027.
Musk gets 1 billion SpaceX shares if Mars colony succeeds
SpaceX's IPO prospectus reveals Elon Musk will receive 1 billion shares worth $135 billion at the IPO price if SpaceX successfully establishes a Mars colony of 1 million inhabitants.
Los Angeles' richest man is South African-born doctor with a $16.6 billion fortune
South African-born billionaire Patrick Soon-Shiong has a net worth of $16.6 billion, making him the richest person in Los Angeles and one of the wealthiest South African-born individuals in the world.
Billionaire TY Danjuma family's May and Baker posts 154% profit surge to $4.7 million
May & Baker Nigeria, controlled by billionaire TY Danjuma's family with a 41.78% stake, posted a 154% pre-tax profit surge to N6.5bn ($4.7 million) for full-year 2025.
Deep-Dive Report: Tony Elumelu — The Crown Jewel
A banker turned energy consolidator is building a self-reinforcing African conglomerate — and his move on Seplat is the most consequential yet. Inside the architecture, the catalyst, and why we decline to put a net-worth figure on him.
Wealth Intelligence: Jim Ovia — The $643 Million Pivot
The founder of Nigeria’s most profitable bank has left its chairmanship — and is pouring his conviction into the Lagos skyline. A full read of where the fortune sits, and where it’s moving.